A) Subsistence agriculture B) Hunting and gathering C) Large scale manufacturing D) The barter system
A) Working in an industrialized cities B) Establishing a mercantile system of trade C) Serving in government assemblies D) Having the same occupation as their parents
A) Officials of the government control all aspects of economic activity B) Supply and demand are determined by consumers of foodstuffs C) Wholesalers of agricultural goods make most of the decisions D) Manufacturers of industrial goods control the resources
A) Free Enterprise, Mixed, Command B) Mixed, Command, Free Enterprise C) Free Enterprise, Command, Mixed D) Command, Mixed, Free Enterprise
A) The organization of workers’ unions in industrialized nations B) The restoration of a bartering system in developing countries C) The privatization of business and production of goods and services D) The government ownership, control and regulation of property
A) Prices change according to changes in the supply and demand for products B) The government sets the prices of products and the quantity of goods C) All industries except smaller businesses are controlled by the government D) Prices are fixed by agreements among business leaders and labor unions
A) Resources are allocated by government decisions B) There is a high rate of unemployment C) A variety of economic incentives encourage business growth D) Prices are set by consumers
A) The success of the agricultural sector controls the manufacturer's goods B) They determine the type and quantity of goods to be produced through Five Year Plans C) They allow the laws of supply and demand to control the economy D) Trade policies mandated that imports exceed exports
A) Socialist B) Traditional C) Free Enterprise D) Communist
A) Bankers B) Consumers C) Government officials D) Farmers |